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20 Terms

1
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What is the basic model of strategic planning designed for?

It helps to establish the vision, mission, business objectives, and values of a company.

2
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What is the first step in the basic model of strategic planning?

Draft a mission statement.

3
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What does SWOT analysis stand for?

Strengths, Weaknesses, Opportunities, and Threats.

4
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What is the purpose of the problem-based model in strategic planning?

It helps to create a more comprehensive planning model by identifying and prioritizing key issues.

5
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What are the four perspectives to consider in the alignment model?

Execution of strategy, IT potential, competitive potential, and service level.

6
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Which model helps organizations identify external factors affecting them?

Scenario model.

7
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What is the main focus of the self-organization model?

It emphasizes learning and growth, rather than achieving a specific goal.

8
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What are the three levels of success in the real-time model?

Organizational, programmatic, and operational.

9
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What is Agile methodology primarily defined as?

A principle of project management that is collaborative, fast, effective, and iterative.

10
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What distinguishes the waterfall model from Agile methodology?

It is a linear and sequential process where tasks must be completed before moving to the next.

11
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What is the key characteristic of the Scrum methodology?

It uses short 'sprints' to create project cycles.

12
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What do Kanban boards help with?

They help visualize workflows and project progress.

13
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What is Scrumban?

A hybrid methodology that combines elements of Scrum and Kanban.

14
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What does PRINCE2 stand for?

Projects IN Controlled Environments.

15
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What is the primary aim of Six Sigma?

Continuous improvement of processes and elimination of defects.

16
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What are the phases of the DMAIC process in Six Sigma?

Definition, Measurement, Analysis, Improvement, and Control.

17
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What is the focus of the Critical Path Method (CPM)?

Identifying and planning critical tasks within a project.

18
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What does the Lean methodology aim to optimize?

Processes to maximize efficiency and minimize waste.

19
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What are the five phases of project management according to the PMBOK?

Initiation, Planning, Execution, Performance, and Closure.

20
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What is Extreme Programming (XP) used for?

Managing dynamic projects with tight deadlines through short development cycles.